Compliance Analyst, Finance & Banking

As a leader in the industry, Suffolk Credit Union is about more than just banking. We are about empowering people.

• Maintains expertise in federal and state banking regulations, including Reg. B, Reg. Z, HMDA, FCRA, Truth-in-Savings, and consumer, mortgage, and commercial lending requirements.
• Researches and assists with implementation of new and updated regulations impacting the credit union.
• Identifies compliance risks and collaborates with departments to ensure corrective action and adherence.
• Monitors and updates compliance manuals, including safety, business resumption, records retention, SAFE Act, red flag, identity theft, and vendor due diligence.
• Develops and administers risk assessments; compiles data, identifies risk, and reports findings to the Director of Compliance.
• Acts as liaison between compliance, legal counsel, and business units to address regulatory matters.
• Oversees the member complaint management program to ensure timely resolution and legal compliance.
• Serves as a subject matter expert on compliance matters, responding to internal and external inquiries.
• Reviews marketing materials to ensure compliance with applicable laws and regulations.
• Supports enterprise risk management initiatives.
• Manages vendor oversight, including onboarding, documentation collection, follow-up, and maintaining vendor management procedures (preferred experience with Ncontracts or Nvendor).
• Completes special projects and provides departmental support as assigned by management.

• Strong knowledge of federal and state regulations affecting credit unions, with the ability to stay current on regulatory changes.
• Understanding of risk analysis techniques and regulatory environments within the financial industry.
• Knowledge of credit union operations, products, services, policies, and procedures.
• Skill in preparing audit work papers and supporting documentation.
• Advanced proficiency in spreadsheet software and financial data analysis.
• Ability to gather, analyze, and compile complex financial and statistical data.
• Demonstrated independent problem-solving skills.
• Ability to manage multiple, complex deadlines effectively.
• Strong written and verbal communication skills.
• Ability to handle confidential information with discretion and work effectively with minimal supervision.

Bachelor's degree preferred

Substitution:
Equivalent work experience beyond a high school diploma may be substituted for the Bachelor's degree requirement on a year-by-year basis.

Three to five years of compliance, auditing or risk management experience in a financial institution required.

Compliance Officer Certification or similar (CUCE, CRCM, BSACS etc.) required (or obtained within two years of hire)

We offer competitive salaries, great benefits, and most importantly the opportunity to make a difference.

Suffolk Credit Union provides equal employment opportunities to all applicants and prohibits discrimination of any type on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information or any other characteristic protected by applicable federal, state or local laws.

The compensation range provided is in compliance with state specific laws. Factors that may be used to determine your actual rate of pay include your specific skills, years of experience, and other qualifications.